Volumes kept dropping
Substantial rally is in making, just like last two time in Sept-Nov 12 and Feb to May 13, this one will take TLT back to112-115 range within a month.
I'm bullish on long term bonds for the next few months, but I'm curious what you see as a near-term catalyst?
I am bullish for short term before Oct. Next week Feds meeting, stock market continues to be extended, bond market short term over sold, previous trading pattern (Sept-Nov 12, Feb-May 13).
Oct and on TLT may come down after 112-115 toward 100 level
Yesterday's low held
Tomorrow and Monday we will see the reversal
down down down